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Land
Balmedie, Aberdeen AB23
£465,000
Balmedie, Aberdeen AB23
£465,000
Our Summary
- Development Potential
- Although the land is not currently zoned in the Aberdeenshire Local Development Plan 2023, there have been various bids for development put forward for the site in recent years, with the vendors having carried out significant work to plan for the potential of future development
- The land is subject to an obligation from the Purchaser in favour of the Seller (and their successors in Title) to pay 25% of the uplift in value occurring as a result of gaining any non-agricultural planning consent in the period of 25 years from date of completion of sale
Description
The former East Aberdeenshire Golf Course at Millden is a 62-acre property located in a rural area near Balmedie, Aberdeenshire, Scotland. The land is situated near the coastline, 8 miles north of Aberdeen, and has easy access to the city and airport. The property benefits from local amenities, including shops, schools, and a beach, and is close to Trump International Golf Links Aberdeen. The land is characterized by rolling pasture and woodland, and has potential for development, with nearby services including electricity, water, and gas mains. The property is subject to a clawback provision, where the buyer must pay 25% of the uplift in value if non-agricultural planning consent is granted in the next 25 years.